Compare 1993 Volvo 850 Insurance Rates

Are you tired of not being able to afford to insure your Volvo every month? You are in the same boat as many other consumers.

With so many insurance companies to choose from, it can be diffult for people to find the lowest cost company.

How to buy insurance online

There are a variety of methods to shop for insurance, but one way is less time-consuming than others. You could spend the better part of a day talking to insurance companies in your area, or you can utilize online quoting to quickly compare rates.

Most of the larger companies participate in a marketplace that allows shoppers to enter their policy data once, and every company then gives them pricing for coverage. This eliminates the need for quote forms for each company. To fill out one form to compare multiple rates now click to open in new window.

The single downside to pricing coverage this way is you don’t know exactly the providers you will receive quotes from. So if you prefer to pick individual companies to receive pricing from, we put together a list of insurance companies in your area. Click here for list of insurance companies.

The approach you take is up to you, just try to use identical information on every price quote you get. If the quotes have mixed coverages you will not be able to determine which rate is truly the best. Slightly different insurance coverages or limits can mean a large discrepancy in price. And when comparison shopping, comparing all the rates in your area increases the change that you will find the best price.

Tailor your insurance coverage coverage to you

When buying coverage for your vehicles, there isn’t really a one size fits all plan. Your needs are not the same as everyone else’s and your policy should reflect that. These are some specific questions can help discover whether your personal situation may require specific advice.

• Do I pay less if my vehicle is kept in my garage?
• Can I pay claims out-of-pocket if I buy high deductibles?
• When should my teen driver be added to my policy?
• Are my tools covered if they get stolen from my vehicle?
• How can I force my company to pay a claim?
• How much underlying liability do I need for an umbrella policy?

If you don’t know the answers to these questions but one or more may apply to you, you might consider talking to a licensed insurance agent. If you don’t have a local agent, fill out this quick form or you can go here for a list of companies in your area.

The coverage is in the details

Learning about specific coverages of auto insurance can help you determine the right coverages for your vehicles. The coverage terms in a policy can be impossible to understand and nobody wants to actually read their policy. Listed below are the usual coverages found on most auto insurance policies.

Medical costs insurance

Med pay and PIP coverage reimburse you for immediate expenses such as funeral costs, rehabilitation expenses, chiropractic care and ambulance fees. The coverages can be used in conjunction with a health insurance policy or if there is no health insurance coverage. Medical payments and PIP cover both the driver and occupants as well as getting struck while a pedestrian. PIP coverage is not an option in every state but can be used in place of medical payments coverage

UM/UIM Coverage

Uninsured or Underinsured Motorist coverage protects you and your vehicle’s occupants from other motorists when they are uninsured or don’t have enough coverage. It can pay for injuries to you and your family and also any damage incurred to your Volvo 850.

Since many drivers carry very low liability coverage limits, it doesn’t take a major accident to exceed their coverage limits. So UM/UIM coverage is a good idea. Most of the time these limits are identical to your policy’s liability coverage.

Collision protection

Collision insurance pays to fix your vehicle from damage from colliding with a stationary object or other vehicle. You have to pay a deductible and the rest of the damage will be paid by collision coverage.

Collision can pay for things like hitting a parking meter, sideswiping another vehicle, colliding with a tree, damaging your car on a curb and crashing into a ditch. Collision coverage makes up a good portion of your premium, so consider removing coverage from vehicles that are older. You can also choose a higher deductible to bring the cost down.

Comprehensive or Other Than Collision

Comprehensive insurance coverage will pay to fix damage OTHER than collision with another vehicle or object. You first must pay your deductible then the remaining damage will be covered by your comprehensive coverage.

Comprehensive coverage pays for things such as theft, hitting a bird, hitting a deer and damage from getting keyed. The highest amount you’ll receive from a claim is the market value of your vehicle, so if your deductible is as high as the vehicle’s value consider dropping full coverage.

Coverage for liability

This will cover damage or injury you incur to a person or their property. This insurance protects YOU against other people’s claims. It does not cover your own vehicle damage or injuries.

Liability coverage has three limits: bodily injury per person, bodily injury per accident and property damage. Your policy might show values of 50/100/50 that means you have $50,000 bodily injury coverage, a per accident bodily injury limit of $100,000, and a limit of $50,000 paid for damaged property. Another option is a combined limit which provides one coverage limit without having the split limit caps.

Liability coverage protects against things like medical services, medical expenses and emergency aid. How much liability coverage do you need? That is your choice, but you should buy as large an amount as possible.